Loan EMI Calculator

Calculate your monthly Equated Monthly Installment (EMI) for any loan.

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What is an EMI?

EMI stands for Equated Monthly Installment. It is the fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.

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